On Oct 24, major Wall Street analysts update their ratings for $TransUnion (TRU.US)$, with price targets ranging from $119 to $135.
Morgan Stanley analyst Toni Kaplan maintains with a buy rating, and maintains the target price at $119.
Wells Fargo analyst Jason Haas CFA maintains with a buy rating, and maintains the target price at $135.
Jefferies analyst Surinder Thind maintains with a buy rating, and maintains the target price at $125.
Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $118 to $122.
Needham analyst Kyle Peterson maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $TransUnion (TRU.US)$'s main analysts recently are as follows:
The firm acknowledges another solid performance from TransUnion, accompanied by an uptick in guidance. There is an anticipation of continued positive momentum with the normalization of credit markets.
The company's Q3 results were noted for their strength, with an adjusted EPS of $1.04, surpassing both the estimated $1.03 and the consensus of $1.01. Furthermore, the company's management has increased FY24 guidance, citing sustained business momentum.
It's indicated that TransUnion's robust structural growth, favorable macroeconomic conditions, and specific company factors are expected to fuel significant multi-year growth, and the valuation is appealing when adjusted for macroeconomic and consumer credit cycles.
Optimism towards TransUnion is growing after the company demonstrated another quarter of consistent improvement. The potential for increased earnings is seen from a revival in the mortgage sector, robust growth in Emerging Verticals, strong performance in India, and the transition to the OneTru Platform.
Here are the latest investment ratings and price targets for $TransUnion (TRU.US)$ from 7 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
